a. Journalize the write-offs under the direct write-off method. If an amount box does not require an entry, leave it blank. b. Journalize the write-offs under the allowance method. Also, journalize the adjusting entry for uncollectible accounts. The company recorded $5,250,000 of credit sales during the year. Based on past history and industry averages, 3/4% of credit sales are If an amount box does not require an entry, leave it blank. c. How much higher (lower) would Casebolt Company's net income have been under the direct write-off method than under the allowance method? by $